Public Limited Company Loan

Our comparison tool will provide you with a list of PLC funding options from a range of lenders, which are ranked in terms of how well they match your needs, the interest rate and the repayment period.

The interest rate and repayment terms offered will depend on a variety of factors, such as the type of loan you are borrowing, the amount you require and the financial position of your company. Although, the credit rating of your business is likely to be the most significant factor in deciding how high the interest rate will be and how quickly you will be required to pay the loan off.

If you are looking for a short-term form of finance such as an overdraft, unsecured loan, line of credit or merchant cash advance, the majority of these agreements will need to be paid back within a year. However, for larger amounts such as those often borrowed with long-term secured loans or a commercial mortgage, the repayment period could extend from 1 year to 30 years.

In general, by providing security through your businesses assets you will be able to borrow more, with repayments spread over a longer period. If your application for a public limited company loan is considered high risk, the directors may need to provide a personal guarantee. This means if the repayments are not met, the personal assets and finances of the directors will be at risk.

To find out more about our finance finder or a specific public limited company loan, please contact our knowledgeable team today.